Whippany Fire Company

Analysis

Whippany Fire Company is a registered charity in United States, based in Whippany, NJ. It received its IRS tax-exemption ruling in January 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whippany Fire Company reported income of $53k and spending of $53k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $160k to $53k (-67%), an average of -31% a year. The sharpest change came in the year to December 2021, when income dropped by 115%. Over the whole period it spent 162% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whippany Fire Company sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Sozo Recovery House Inc ($53k), Dawgpatch Bandits Inc ($53k) and Soroptimist International of the Americas Inc ($53k).

At year end it held assets of $289k against liabilities of $0, net assets of $289k.